Arweave Reaches One Day Trading Volume of $37.23 Million (AR)

Arweave (AR) traded 1.3% lower against the U.S. dollar during the one day period ending at 0:00 AM E.T. on July 10th. One Arweave coin can currently be purchased for about $22.64 or 0.00039228 BTC on major cryptocurrency exchanges. Arweave has a market capitalization of $1.49 billion and $37.23 million worth of Arweave was traded on exchanges in the last 24 hours. Over the last seven days, Arweave has traded 10.4% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 2.4% against the dollar and now trades at $57,723.87 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $340.90 or 0.00590562 BTC.
• Bitcoin SV (BSV) traded down 0.5% against the dollar and now trades at $37.92 or 0.00065695 BTC.
• eCash (XEC) traded 0.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.5% higher against the dollar and now trades at $0.11 or 0.00000183 BTC.

Arweave Profile

AR is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins. Arweave’s official website is www.arweave.org. The official message board for Arweave is medium.com/@arweave. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here.

According to CryptoCompare, “Arweave (AR) is a decentralized storage network that provides permanent, immutable data storage. Founded in 2018 by Sam Williams and William Jones, the platform uses a modified version of blockchain, the “blockweave,” for everlasting data storage. Its key offering is the guarantee that data such as documents, apps, and valuable information will be preserved indefinitely, an invaluable feature for applications requiring data immutability and permanence. The AR token, Arweave’s native cryptocurrency, is an integral part of the network, enabling users to pay for storage and bandwidth, stake in consensus mechanisms, vote on network upgrades, tip content creators, and transact in the Arweave marketplace. This innovative data storage solution presents a sustainable, tamper-proof, and genuinely permanent data preservation alternative to traditional cloud services.”

Arweave Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView